Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency - page 245. (Read 384600 times)

Really people still believing at this kind of "programs" with highest interest?
Was not enough trafficmonsoon, mpa, mpca exc? were different kind of ponzi, but same story. Nice life until when all collapse.

haha yes I do remember reading your post about that account with about 8000 BTC in it. Is there any way to know what percentage that is of their total holdings? Presumably they could easily have several accounts unless I missed something (which could be the case as I haven't read the entire thread).

It is the case, documented by an esteem crypto enthusiast.

Given that their main claimed way of generating revenue is by trading this bitcoin, it actually would not be a great sign if 90% of their total bitcoin was just sitting there in the same account with no movement. I don't know if that's the case or not but it would not be a good thing.

Edit: they also repay the loan capital in BCC not BTC

Excuse me for busting a nut all over your "periods".

Which is a good thing, they keeping the funds to repay initial investments when the loan periods are over.

Allow me to fix your assessment. 90%+ of all bitcoins that entered BitConnect's coffer were never spent, currently sitting in cold storage.

They attract users by promising amazing returns on their investment. They artificially increase the price of their crypto by tricking users into buying it with Bitcoin and giving it back to them, along with the Bitcoin. They pay back the interest to their users from new investments. When their profit is maximized, they sell all of their artificially inflated currency and Bitcoins and disappear.

This is a well-organized ponzy scheme not more or less.  The fact is that BCC has no essential business that creates new "values" by itself and that means no more than the profit from what newcomers pay exists within the system.  Or, they could be wise enough to use the fund they got and run some arbitrage as they claim, including buy and sell inside their BCC/BTC system, but everyone worked on similar bots knows that there is NOT a single smart system that can profit to keep paying out that high from arbitraging constantly.  It is just a basic math conclusion from your elementary school that money goes out and money goes in must be equal, and that to keep the system, it is no more than a well-organized ponzy scheme by itself.

The smartest part of this system, (which I don't mean is OK and is totally illegal scheme if you do this in fiat for sure), is that what you get INSIDE the Bitconnect platform is only what they have and not in fact what you have in your hands at this moment.  If most of us just keep compounding or leaving our return within their system, they can just keep what they are supposed to pay out while more and more people come in to increase the money pool.  That's way no one feel to have lost any money until the system totally collapses at last.  Perhaps, the continuous increase of the BCC price had also helped their return alot, since they can just create coins and sell it background easily.

Well, the system gives us profit at this moment for sure, but that not means that the system is reliable and safe, or even legal.

But can she lift? ...

I showed my finance and math teacher bitconnect and they both said that this is unsustainable and will end up being a big exit scam.

You've been blowin' smoke outta your ass for long or just recently read about how to do such?

I will suck your dick, then blow my fuckin brains out the day some formidable banking institute gives BitConnect a debit card. BitConnect, an entity owned by a dude named Ken Fitzsimmons whom nobody has ever met maintaining an office whose managers have no record of it currently being there.

Remember, asshole, you guys are on record in stating that the dude(s) behind BitConnect opted to be anonymous for various reasons, but now you're espousing that SOOOOOOOOOOOOOOON some fuckin bank is going to grand a debit card to an entity whose owners are 100% unknown.

Who's the idiot now, asshole?

Wow that great's great this thread has become a debate between investors and those who do not invest and instead calling it scam, why not post the pics here so people will believe this is a real project with real behind it and with a good intention.

Good morning. Unfortunately, your official pool, account recovery email does not work. I've been trying the procedure for months but I do not get any emails: who can I turn to reset my account? Thank you.

Yep, you got it all figure out 'cept for one thing - what if BitConnect goes dark prior to 2.5 months?

Speakin' of idiots, did you not realize that you echoed exactly what I penned in the same breath of calling me an idiot? Further, that U$1,800 you stated he "makes" equates to him not yet maketh anything, for remember BitConnect Guru, the dude would still have U$6,000 tied up in BCC. Dude no maketh nor ROIeth till he has at least U$6K back in his coffer, not at the BitConnect Cave producing guano.

how bitconnect can make so much money to pay for who invest . 30%/ month is a huge profit

Honestly, I too am amazed on how they run this program, they seems to have a long term plan for this coin as many see people posting payment proofs investors will always comes in, but agree that they also need to create usage for their coin for investors to continue to support their coin. But in general, bcc make a good start only some are still cant believed of what bcc can make to their lives, they already know that by investing in bcc you can multiply your capital and they are still keep on not believing that its not legit. Same with type of close minded person.

I invested in bcc lending and I feel comfortable with it.
Bcc is paying according to current price of bcc and usd.
Sometimes i received 0% interest once it hit below my orig price when I invested my bcc. So it will not happened that bcc will collapse because they paid their investor and stake holder accordingly. You can earn here by mining, staking, trading and lending. Just try to invest were you are more comfortable and fitted base on your personality. Its a legit project and in small period of time they make it one of the top coins listed in the coin marketcap.